News

Inaugural Malaysia-Singapore Cross-Border Renewable Energy Trade Set To Begin In December 2024

The first phase of Cross-border Renewable Energy (RE) trading from Malaysia to Singapore with a total capacity of 50MW is set to commence in December 2024. A signing ceremony for the Renewable Energy Supply Agreement (RESA) between Tenaga Nasional Berhad (TNB) and Sembcorp Power Pte Ltd (Sembcorp Power), was held today at the Ministry of Energy Transition and Water Transformation (PETRA), witnessed by representatives from both governments.

This pioneering supply of green electricity from Malaysia to Singapore follows a bidding process conducted by the government through Energy Exchange Malaysia (ENEGEM) in June 2024. The ENEGEM enables the purchase and delivery of green electricity from Malaysia’s power supply system to Singapore through a competitive auction process. TNB, as the national utility company, will supply the electricity to Singapore through Sembcorp Power utilising the existing interconnection network between the two countries.

The auction via ENEGEM forms part of PETRA’s initiative under the Cross- Border Electricity Sales for Renewable Energy Scheme (CBES RE). This scheme will be rolled out in phases, utilising the existing interconnection network between Malaysia and Singapore, with a total capacity of 300MW.

The implementation of CBES RE aligns with Malaysia’s energy transition aspirations and its commitment to advancing regional electricity supply integration through the ASEAN Power Grid, which will be among the key priorities for Malaysia’s ASEAN Chairmanship in 2025.

MINISTRY OF ENERGY TRANSITION AND WATER TRANSFORMATION 9 DECEMBER 2024

Adib Mohd

Recent Posts

Your September–October Watchlist: Food, Drama & Frights

Mark your calendars, TV junkies. September & October are serving drama, food wars, and spooky… Read More

23 hours ago

Pandora Talisman Drops, Ancient Coin Energy Meets Modern Vibes

Pandora is flipping the script this autumn with the launch of Pandora Talisman, a jewellery… Read More

1 day ago

LADA Unveils ‘Langkawi Special Deals’ with MAG Partnership to Supercharge Island Tourism

The Langkawi Development Authority (LADA) has launched “Langkawi Special Deals”, a strategic tourism campaign featuring… Read More

1 day ago

Maxim Rolls Out Partner-Driver Legalization Program to Elevate Compliance and Road Safety

Maxim, one of Malaysia’s leading e-hailing platforms, has officially introduced a Partner-Driver Legalization Program designed… Read More

1 day ago

Sabah Crowned Malaysia’s Favourite Destination, A Paradise of Peaks, Seas, and Culture Awaits!

Sabah, located in the north-eastern part of Borneo, has officially earned the title of Malaysia’s… Read More

1 day ago

Coca‑Cola Brings Back ‘Share a Coke’ Now With a Proudly Malaysian Twist

This Merdeka, Coca‑Cola is turning up the nostalgia and the local flavour. The iconic ‘Share… Read More

2 days ago

This website uses cookies.